Hoya Vision Care Rises Sharply But The Margin Is Less Steep

The operating margin of the vision care business of Hoya Corp. declined to a still respectable 18.1 percent in the 2nd quarter ended Sept. 30 from 19.6 percent in the year-ago period, while segment sales increased by 13.2 percent to 28.98 billion yen (€193.6m-$243.9m). While domestic sales declined by 1.8 ...

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